209 Apple Ave Dothan, AL 36303
This exceptional 1.39-acre commercial land parcel, located at 209 Apple Avenue in Dothan, Alabama (zip code 36303), presents a remarkable investment opportunity. Zoned B-2, this property boasts a generous 59,640+/- square foot lot (210' x 284'), situated within Lot 5, Block "B" of the Westbrook Retail Subdivision, a planned extension of Apple Avenue. Its strategic location offers unparalleled visibility and accessibility, directly adjacent to the thriving Westway Shopping Center, home to national retailers such as McDonald's, Publix, Hardee's, Wendy's, Five Guys, and Verizon. The property's proximity to Flowers Hospital and Grove Park further enhances its desirability. Ideal for a variety of commercial uses, including restaurants, retail establishments, and professional offices, this site provides all utilities on-site and includes storm water detention. A private roadway ensures convenient access. Additional adjacent land is available for larger-scale developments such as "Big Box" retail, hotels, or lodging facilities. The owners are open to considering ground lease options. This property represents a rare chance to secure a prime location in a rapidly growing area of Dothan.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.